1308 Leonard Street NW, Grand Rapids, MI 49505

$262,430

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Sold Price
$262,430
List Price
$279,900
Closing Date
Dec 06, 2024
Days on Market
53
MLS#
24047071
Status
SOLD
Type
Multifamily
Neighborhood
Grand Rapids - G

Property Description

Introducing 1308 Leonard NW, a well-positioned two-unit home with a strong rental history. The property features a lower unit with 2 bedrooms and 1 bathroom, which includes access to a spacious basement. This unit is currently vacant and offers great potential as an owner-occupied residence or could generate rental income of up to $1,500 per month. The upper unit, also 2 bedrooms and 1 bathroom, is leased through July 2025 at a monthly rate of $1,200. This property is an excellent investment opportunity in a desirable location. Roof was new in 2016. Off street parking.

Additional Information

Owner Pays
None
Taxes
$3,738
Acres
0.90
Basement
Michigan Basement
Heating
Forced Air
Roofing
Composition
School District
Grand Rapids
Sewer
Public Sewer
Tenant Pays
Electricity, Gas, Sewer, Trash Collection, Water
Total Parking Spaces
3
Utilities
Electricity Connected
Water
Public

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Jordan P Painter from Listing Office: Keystone Home Group Realty LLC.

Selling Agent: Selling Office: .

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